Quotes of the currency pair Dollar/Yen USD/JPY are ending the trading week near the 142.14 area. The pair continues to move within the fall and the beginning of the “Triangle” pattern. The moving averages indicate a bullish trend. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers of the US dollar and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a bullish price correction and a test of the resistance level near the 144.05 area. Then, a rebound downwards and a…
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forex24pro
I trade in the foreign exchange market, and also invest in cryptocurrencies. I am 35 years old. Trade experience is 12 years. In trade, I use several unique trading systems, as well as simple tools for technical analysis. I plan to write my own book on trading.
GOLD ends the trading week with growth near the 2519 area. XAU/USD quotes continue to move within the growth and bullish channel. Moving averages indicate a bullish trend for Gold. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and potential continuation of price growth. At the moment, we should expect an attempt to develop a price correction and test the support level near the 2495 area. Next, a price rebound upwards and continued growth of XAUUSD with a potential target above the 2865 level. GOLD Forecast and Analysis September 9 — 13,…
Quotes of the currency pair New Zealand Dollar ending the trading week within the framework of the rise near the 0.6224 level and the beginning of the “Triangle” pattern. Moving averages indicate a bullish trend for the pair. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers of the currency pair and potential continuation of growth from the current levels on the market. At the moment, we should expect an attempt to develop a decline in the currency pair on Forex and a test of the support area near the level of 0.6095.…
Currency pair Dollar Franc USD/CHF ends the trading week near the level of 0.8408. The pair continues to move within the development of a fall and a descending channel. The moving averages indicate the presence of a bearish trend. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers of the American currency and a potential continuation of the instrument’s fall from the current levels. At the moment, we should expect an attempt to develop price growth and a test of the resistance area near the level of 0.8665. Next, a rebound downwards and…
Bitcoin BTC/USD ends the trading week at the level of 56181 and continues to move within the development of a bearish correction and a bullish channel. The moving averages indicate the presence of a bullish trend. Prices have broken through the area between the signal lines downwards, which indicates pressure from asset sellers and a potential continuation of the asset’s fall. At the moment, we should expect an attempt to develop a bearish correction in the coin price and a test of the support area near the level of 50405. From where we should again expect an upward rebound and…
Ethereum ETH/USD ends the trading week at 2366 and continues to move within the correction and bearish channel. Moving averages indicate a bullish trend for ETH/USD. Prices have broken through the area between the signal lines downwards, which indicates pressure from cryptocurrency sellers and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop price growth and a test of the resistance level near the 2465 area. From where we should again expect a rebound downwards and a continuation of the fall in the rate and value of Ethereum with…
Quotes of Silver XAG/USD end the trading week near the 28.81 area. Quotes continue to move within the development of growth and a bullish channel. Moving averages indicate a bullish trend for the asset. Prices have broken through the area between the signal lines upwards, which indicates pressure from metal buyers and potential continuation of growth from current levels. At the moment, we should expect an attempt to develop a bearish correction in the asset value and a test of the support level near the 28.05 area. Further, the continuation of the growth of the Silver price with a potential…
Litecoin LTC/USD ends the trading week at 65.43 and continues to move up and form the “Head and Shoulders” reversal pattern. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines downwards, this indicates pressure from sellers of the digital asset and a potential continuation of the fall in the Litecoin rate in the current trading week. At the moment, we should expect an attempt to develop a bearish price correction and a test of the support area near the 53.45 level. From where we should again expect an upward rebound and an attempt…
The Euro/Dollar currency pair EUR/USD continues to move within the framework of the growth development and the bullish channel. The moving averages indicate the presence of a short-term upward trend for the pair. Prices have broken through the area between the signal lines, which indicates pressure from buyers of the European currency and a potential continuation of the growth of the asset pair quotes from the current levels. At the time of publication of the forecast, the Euro to Dollar exchange rate for today is 1.1099. Within the framework of the Forex forecast for September 6, 2024, we should expect…
The Pound/Dollar GBP/USD currency pair continues to move within the framework of the development of bearish growth and the beginning of the “Wedge” model. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.3163. Moving averages indicate the presence of a short-term bullish trend. Prices broke through the area between the signal lines upwards, which indicates pressure from buyers of the currency pair and a potential continuation of the instrument’s growth. At the moment, we should expect an attempt to develop a correction in the British Pound against the US Dollar…